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Feb 2, 2015
02/15
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there are defensive courses that the tax rules, we don't set the tax rules, politicians set the tax rules, they want us to come and locate in their country by being very benign on tax. and therefore, when we use it what happens to that tax take? and that is what president obama is attempting to do. as you say, aaron, whether or not he actually gets there, given that republicans control congress, and there has been gridlock and debate on this type of issue for years, the ecb is looking at it the european union is looking at it the american government now is looking at it but results there have been none as yet. >> and of course it kind of feeds into this global view at the moment of the haves and have-nots. but it really does need to be a global coordination. but can you make it clear to us when we're talking about general electric or apple, we're talking about the profits they make in the u.s. these are profits these companies make around the world and then move them to these other countries. >> in america, the corporation tax rate is 35%. very high in comparison to other global centers.
there are defensive courses that the tax rules, we don't set the tax rules, politicians set the tax rules, they want us to come and locate in their country by being very benign on tax. and therefore, when we use it what happens to that tax take? and that is what president obama is attempting to do. as you say, aaron, whether or not he actually gets there, given that republicans control congress, and there has been gridlock and debate on this type of issue for years, the ecb is looking at it the...
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Feb 9, 2015
02/15
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tax evasion is illegal. it avoids intentionally avoiding paying the taxes that are owed by not fully disclosing earnings and income. offshore bank accounts are often charged with tax evasion. if caught a tax evader can be fined and then sent to jail. tax avoidance, however, is perfectly legal. individuals can give to charities, as well as invest in government-supported schemes that can legally reduce your taxable income and therefore, finally, your final tax bill. but is it morally right? that is a question that still needs to be answered. it's been debated all around the world. and richard bilton is the reporter who carried out this hsbc investigation for the bbc, and has all the details. >> reporter: it is the bank that helped clients break the law. now, hsbc's secrets are out. it starts with a leak. hsbc's private bank in switzerland deals with wealthy clients. now we know how. the stolen accounts were linked to the newspaper, "la monday." the journalists shared them with "panorama" and "the guardian" and
tax evasion is illegal. it avoids intentionally avoiding paying the taxes that are owed by not fully disclosing earnings and income. offshore bank accounts are often charged with tax evasion. if caught a tax evader can be fined and then sent to jail. tax avoidance, however, is perfectly legal. individuals can give to charities, as well as invest in government-supported schemes that can legally reduce your taxable income and therefore, finally, your final tax bill. but is it morally right? that...
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Feb 9, 2015
02/15
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they show widespread tax evasion. hsbc didn't report keith humphreys, they helped him, arranging a foreign credit card so he could spend the cash without paying tax. i caught up with him. was it all about tax? let me ask you a few questions. were you a signature to that account? >> i don't know what account you're talking about. >> i think so you do sir. >> reporter: fortunately, a few weeks later, mr. humphreys remembered that 147,000 pounds had been paid back to the tax man, but only after the files were leaked. then, there's the bank itself. the european savings directive was meant to tax hidden cash but hsbc showed clients how to get around it. the purpose of the new trust is to shelter the funds from the european savings directive. >> i think they were a tax avoidance and tax evasion service. i think that's what they were offering. >> hsbc wouldn't do an interview, but told us it has fundamentally changed its private bank and has far fewer clients. it now puts compliance and tax transparency ahead of profitabilit
they show widespread tax evasion. hsbc didn't report keith humphreys, they helped him, arranging a foreign credit card so he could spend the cash without paying tax. i caught up with him. was it all about tax? let me ask you a few questions. were you a signature to that account? >> i don't know what account you're talking about. >> i think so you do sir. >> reporter: fortunately, a few weeks later, mr. humphreys remembered that 147,000 pounds had been paid back to the tax man,...
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Oct 27, 2014
10/14
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. >> reporter: a new kind of tax draws a new kind of protest. at least 10,000 people braved the autumn cold to take part in this demonstration, from the 200,000 who joined a facebook page opposing the internet tax. the government hopes to raise $80 billion a year by taxing each gigabyte of data transferred. critics called it an attack on free expression and a break on the development of fast internet services the country badly needs. >> this is a very stupid tax against the modern world. it hurts the economy. it will cost us jobs. it can make call centers go abroad. it restricts the scientific research. it makes problems for the universities. >> the people here are more angry about the whole idea of this tax than any sum they may have to pay, but they're up against the government, which has made special taxes a cornerstone of its economic policies. this is just the latest. the government is proud of its efforts to keep personal income tax down. it fills the gap with indirect taxes like this one. >> most definitely, it's not goal of the governmen
. >> reporter: a new kind of tax draws a new kind of protest. at least 10,000 people braved the autumn cold to take part in this demonstration, from the 200,000 who joined a facebook page opposing the internet tax. the government hopes to raise $80 billion a year by taxing each gigabyte of data transferred. critics called it an attack on free expression and a break on the development of fast internet services the country badly needs. >> this is a very stupid tax against the modern...
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Jul 17, 2014
07/14
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. >>> australia votes to scrap a carbon tax. critics warn the move is a backwards step. >>> cat owners get their claws out in a right to have their pet recognized as the world's oldest feline. >>> hello. thanks for joining us. a five hour cease fire is underway, but in the last hour, we've had reports from israeli police three rockets have been fired from gaza since the cease fire started. israel hasn't responded. the cease fire nonetheless appears to be holding. we've got a picture across gaza city. traffic still moving, relatively heavy. looks like a normal day from the street level doesn't it? obviously an opportunity for everyone to get out while they can over this five hour period. we've had our correspondents saying they're accused at the bank to get cash out. any chance to bring in essential supplies while they have the chance. the conflict itself was continuing up to five to seven "gmt" time. the truce by in large seeming to have held. one example of the conflict itself, just hours before this, coming in from pictures we
. >>> australia votes to scrap a carbon tax. critics warn the move is a backwards step. >>> cat owners get their claws out in a right to have their pet recognized as the world's oldest feline. >>> hello. thanks for joining us. a five hour cease fire is underway, but in the last hour, we've had reports from israeli police three rockets have been fired from gaza since the cease fire started. israel hasn't responded. the cease fire nonetheless appears to be holding....
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Jan 21, 2015
01/15
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reform broadly, corporate taxes and individual income taxes so we can get back to a flatter fairer system to something workable for the american people. trading this tax cut for this tax increase isn't something republicans are interested in is just a non-starter with a now republican house and republican senate. congress is fundamentally different than it was just last year and that's something the president should recognize and try and find ways to work with the republican congress opposed to going into their house of representatives and seven times threatening to veto legislation. >> if we can talk about ideology for a moment you look at president obama calling for high minimum wage extension of childcare, free community college, education of students even equal pay, these are all things in many parts of the world, particularly in europe we take for granted. how can you argue against them? >> republicans support equal pay. equal pay is the law of the land. it's illegal to pay a woman less than a man for the same job. that's the law. republicans support worker training. republicans supp
reform broadly, corporate taxes and individual income taxes so we can get back to a flatter fairer system to something workable for the american people. trading this tax cut for this tax increase isn't something republicans are interested in is just a non-starter with a now republican house and republican senate. congress is fundamentally different than it was just last year and that's something the president should recognize and try and find ways to work with the republican congress opposed to...
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Jan 19, 2015
01/15
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if i can pay my tax, if the cleaner in the street can play their tax, so can the plutocrats. they need to pay their way, pay their fair share in society, and be members of society, and not sit on the top on a mountaintop and get away with nothing. >> max lawson speaking to me a little earlier. pippa, great to have you with us on the program. i'm hoping you could hear that. do you agree, oxfam says that this trickle down of wealth theory is absolutely nonsense. >> i think max has it wrong on one respect, and that is if you're talking about the bill gates of this world, yes, they can afford the most expensive lawyers that drop their tax rates down to nothing. but when we say we're going to raise taxes on the rich that's not who we're talking about. we're talking about the people who are running businesses and investing. and typically, 60% of all the net new jobs are created by firms that employ less than 50% people. so we've got to be careful, how hard can we hit that community that can't afford the lawyers to get them out of the top tax rate. that's a very important distinctio
if i can pay my tax, if the cleaner in the street can play their tax, so can the plutocrats. they need to pay their way, pay their fair share in society, and be members of society, and not sit on the top on a mountaintop and get away with nothing. >> max lawson speaking to me a little earlier. pippa, great to have you with us on the program. i'm hoping you could hear that. do you agree, oxfam says that this trickle down of wealth theory is absolutely nonsense. >> i think max has it...
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Jan 21, 2015
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the president is hoping he can improve his standing further by proposing tax change for those -- proposing tax riders for the very wealthy so everyone can emerge from the financial crisis. >> we have picked ourselves up and dusted ourselves off and begun again the reworking of america. >> reporter: his speech suggests a newfound confidence at the white house that america's economy is bouncing back.
the president is hoping he can improve his standing further by proposing tax change for those -- proposing tax riders for the very wealthy so everyone can emerge from the financial crisis. >> we have picked ourselves up and dusted ourselves off and begun again the reworking of america. >> reporter: his speech suggests a newfound confidence at the white house that america's economy is bouncing back.
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Sep 8, 2014
09/14
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>> i'm talking tax inversion. everybody going, what? it's very rarely used, but it's been around for years. been around for years. but it's increasing more and more in the united states and causing some outrage over there. let me explain and break it down. president obama, he calls it unpatriotic, but many firms just see it as good old good business sense. we're talking about this tax inversion. let me explain. it's when u.s. firms buy up an overseas rival and move their headquarters to where the tax rates are lower, which of course reduces their tax bill. burger king just announced a couple weeks ago it's doing it, moving its headquarters to can da -- canada. the practice has sparked a backlash on capitol hill. and today, jack lew is making a keynote speech on it. for more details, we have this from new york. >> reporter: burger king made headlines when it said it was shifting its headquarters across the border. all part of its deal to buy canadian coffee shop business tim horton's. so why all the fuss? burger ki
>> i'm talking tax inversion. everybody going, what? it's very rarely used, but it's been around for years. been around for years. but it's increasing more and more in the united states and causing some outrage over there. let me explain and break it down. president obama, he calls it unpatriotic, but many firms just see it as good old good business sense. we're talking about this tax inversion. let me explain. it's when u.s. firms buy up an overseas rival and move their headquarters to...
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Feb 23, 2015
02/15
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he has paid full taxes on all his earnings in the united kingdom at the top rate of tax. sop this doesn't appear to be a tax issue. it appears to be a confidentiality issue. >> we'll keep across that take. >>> fancy a new career? it seems like pilots are in huge demand. british airways has started today its recruitment drive. i say recruitment drive, but it's a pilot program that helps would-be flyers get a place at an approved training skill. but with the cost of training is this something to consider? take a look at this. according to boeing the manufacturer, world airlines will need look at that 533,000 new pilots in the next 18 years. it costs roughly around $90,000 to $1,000 for the training but are the salaries anything to write home about it? according to the british airline pilot's association, $60,000 is what you can earn at the lower end of the spectrum on large european carriers. i spoke earlier to an airline industry expert about what the companies need. take a listen to this. >> it's more imminent than the future. if you look at the rapid deployment of new ai
he has paid full taxes on all his earnings in the united kingdom at the top rate of tax. sop this doesn't appear to be a tax issue. it appears to be a confidentiality issue. >> we'll keep across that take. >>> fancy a new career? it seems like pilots are in huge demand. british airways has started today its recruitment drive. i say recruitment drive, but it's a pilot program that helps would-be flyers get a place at an approved training skill. but with the cost of training is...
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Sep 30, 2014
09/14
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apple could end up having to pay millions of dollars in back taxes. apple says it's received no selective treatment from irish officials over the years. and apple says it's subject to the same tax laws as the countless other companies who do business in ireland. let's get more. let's go straight over to our economics correspondent andrew walker, who joins me. great to have you with us as always. break this down a little further. in some reports, i've been hearing this goes back to steve jobs who did a deal with ireland many, many years ago. >> back in the early 1990s, subsequent deals done more recently, 2007. deals which the european commission says in its preliminary review do amount to a state aid because they gave what the commission regards as a selective and favorable tax treatment to apple over the money that it was making in ireland. the commission also takes the view that it can't see any reason for supposing that this deal was "compatible" with the european internal market. if that is the case, it would amount to an illegal state aid. it's n
apple could end up having to pay millions of dollars in back taxes. apple says it's received no selective treatment from irish officials over the years. and apple says it's subject to the same tax laws as the countless other companies who do business in ireland. let's get more. let's go straight over to our economics correspondent andrew walker, who joins me. great to have you with us as always. break this down a little further. in some reports, i've been hearing this goes back to steve jobs...
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Jan 16, 2015
01/15
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normal tax competition perfectly permissible. but if you go off to a particular company, because you want to attract that company into your country to do business there and give them a special rate that's no-no. not permitted in the eu. >> and is it also a case of -- you look around the world and you see many countries who would do all they can to attract these multi-nationals. they want them there to build factories, set up shops, spend money, create jobs. there's global competition between countries. >> that's right. as our prime minister and finance minister has said on many times, it's a global risk. and most countries in the world, in one way or another, set up their tax systems to attract multi-nationals and big business generally in for all those reasons that you're talking about. it will do good for their citizens if those companies bring investment and jobs and such like into the country. that all-in competition. what the eu has said, that's okay providing you set up your tax system to be attractive to such companies and
normal tax competition perfectly permissible. but if you go off to a particular company, because you want to attract that company into your country to do business there and give them a special rate that's no-no. not permitted in the eu. >> and is it also a case of -- you look around the world and you see many countries who would do all they can to attract these multi-nationals. they want them there to build factories, set up shops, spend money, create jobs. there's global competition...
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Jun 11, 2014
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of tax they have to pay. it's something we've been hearing a lot about in recent months, and just another line coming from reuters out of dublin. ireland is responding to the claims. it says it's confident it has not breached state aid rules in its tax dealings with apple, and it says it will defend its position vigorously. that's the latest response from the allegation from the european commission about potential tax deals struck by huge corporations to base themselves in countries where her tax rates are lower. any more on that with allison in business news. >>> okay. now, thousands of people have raided a religious -- thousands of police, rather, have raided a religious commune in south korea in an attempt to find a fugitive billionaire white house wanted in connection with a sinking of the ferry back in april. the police failed to find him. he is a leading member of the evangelical baptist church of korea, and its sprawling complex. it's believed his family owns the ship which sank with the loss of 300 li
of tax they have to pay. it's something we've been hearing a lot about in recent months, and just another line coming from reuters out of dublin. ireland is responding to the claims. it says it's confident it has not breached state aid rules in its tax dealings with apple, and it says it will defend its position vigorously. that's the latest response from the allegation from the european commission about potential tax deals struck by huge corporations to base themselves in countries where her...
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Jul 17, 2014
07/14
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. >>> the israeli parliament has voted to scrap a carbon tax. abbott says it will increase business and push down household power bills. critics say abbott is taking the economy backwards. >> 32's. the clean energy legislation carbon tax repeal bill and seven related bills passed. >> so australia's price on carbon is no more. the vote in the upper house of parliament came after the government won the support of the micro parties and independent senators. the tax saw the biggest polluters for each ton of carbon dioxide they created. the levy is said to be a hand break on the australian economy. >> you voted to scrap the tax in september last year. today the parliament finallien willed. today the tax that you et vo -- you voted to get rid of is gone. the tax that hurt family's cost of living and hurt the environment is gone. >> because australia is responsible for 1.5% of global emissio emissions, whatever it does is inconsequential. australia is among the world's highest per capita emitters of green house gases thanks to a reliance on cheap suppl
. >>> the israeli parliament has voted to scrap a carbon tax. abbott says it will increase business and push down household power bills. critics say abbott is taking the economy backwards. >> 32's. the clean energy legislation carbon tax repeal bill and seven related bills passed. >> so australia's price on carbon is no more. the vote in the upper house of parliament came after the government won the support of the micro parties and independent senators. the tax saw the...
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Feb 24, 2015
02/15
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it's about tax. they get about 60% of the tax rate of the rest of us. we are still paying far too much tax and sadly, we are closing pubs although we have great ones out there. >> it's not a cheap business to get into and set up. investors are jumping in because of this? >> there's opportunity. you know 90% of the beer we drink in this country is brewed here. still in a pub, seven out of ten alcoholic drinks. people come to britain to come to the pub and they want to drink british beer. it's iconic. what's happening, though is we are paying in tax terms 40% of the tax of the whole of europe. we are only consuming 13% of the product. we are saying to the government you must continue to cut tax. we have had two cuts in our budget, which the next couple weeks hoping they are going to see a hat trick, which would be great from our perspective. that would help us with more investment. the great thing about the small brewers is they have increased interest in the style, in the flavors. >> i want to ask you about that. you see i lived and studied in california
it's about tax. they get about 60% of the tax rate of the rest of us. we are still paying far too much tax and sadly, we are closing pubs although we have great ones out there. >> it's not a cheap business to get into and set up. investors are jumping in because of this? >> there's opportunity. you know 90% of the beer we drink in this country is brewed here. still in a pub, seven out of ten alcoholic drinks. people come to britain to come to the pub and they want to drink british...
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Sep 30, 2014
09/14
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. >> talking apple, ireland, and tax. very little tax, in fact. that's the story. thanks very much, geeta. hello there. ireland could get raked over the coals in europe for the tax deals it's been offering to attract international companies like apple. the deal says the european commission amount to offer apple unfair state aid. it's part of a broader investigation into tax policies to the likes of ireland, the netherlands and luxembourg. the commission has been examining whether these companies have unfairly offered international companies including apple, amazon, and starbucks. it has found that the country's benign tax regime means multi-nationals are, in fact, receiving a form of unfair state aid. apple could end up having to pay billions of dollars in back taxes. apple says it's received no selective treatment from irish officials over the years, and apple says it's subject to the same tax laws as the countless other companies who do business in ireland. we're going to have more on "gmt" coming up in over an hour's time. >>> and breaking the rules again. a u.s
. >> talking apple, ireland, and tax. very little tax, in fact. that's the story. thanks very much, geeta. hello there. ireland could get raked over the coals in europe for the tax deals it's been offering to attract international companies like apple. the deal says the european commission amount to offer apple unfair state aid. it's part of a broader investigation into tax policies to the likes of ireland, the netherlands and luxembourg. the commission has been examining whether these...
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Nov 21, 2014
11/14
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they will already be paying tax indirectly through those living in tax that have got sales taxes, which most do have, but some don't. they'll be paying a bit through that. so there will be some contribution to the u.s. government finances. but then, of course, there is always the possibility in the longer term that they may be eligible for various benefits. i think what you can say is the net impact is not going to be terribly large. >> just briefly, this illegal immigration is not the only part of the immigration argument. there are many firms who say they struggle to get high skilled labor into the country. >> the chamber of commerce made a particular point about the technology sector, about silicon valley struggling to find people with the engineering, mathema c mathematics skills that they want in the u.s., and sometimes having difficulty getting them here when they find them abroad. the health department has suggested that there could be a shortage of 20,000 primary care physicians by the end of the decade. that's what we in the uk would call general practitioners. so there are oth
they will already be paying tax indirectly through those living in tax that have got sales taxes, which most do have, but some don't. they'll be paying a bit through that. so there will be some contribution to the u.s. government finances. but then, of course, there is always the possibility in the longer term that they may be eligible for various benefits. i think what you can say is the net impact is not going to be terribly large. >> just briefly, this illegal immigration is not the...
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Jun 11, 2014
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trouble with the tax man. >> you're right, david. european commissioners investigating whether a decision was made by tax authorities in ireland, the netherlands, and luxembourg comply with rules on state aid, and it's about a deal they struck with apple, starbucks, and fiat. >>> hello. it's midday here in london, 7:00 a.m. in washington, 2:00 p.m. in the northern iraqi city of mosul where half a million people have been forced to flee following its capture by the islamic militant group isis. families, women and children, among those making their escape. the iraqi army and police are believed to have simply abandoned their post in the end after four days of violent clashes in the city. just what is isis? who are they? what do they want? the name itself stands for the jihadic islamic state of iraq and levamt. the group is relatively wrung. it was formed in april 2013 as an off shoot of an al qaeda group, but just over a year it's already become responsible for scores of deadly attacks across iraq and syria. as for the motive aiations
trouble with the tax man. >> you're right, david. european commissioners investigating whether a decision was made by tax authorities in ireland, the netherlands, and luxembourg comply with rules on state aid, and it's about a deal they struck with apple, starbucks, and fiat. >>> hello. it's midday here in london, 7:00 a.m. in washington, 2:00 p.m. in the northern iraqi city of mosul where half a million people have been forced to flee following its capture by the islamic...
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Jan 21, 2015
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the president is hoping he can improve his standing further by proposing tax change for those emerging from the final crisis. >> we have picked ourselves up and dusted ourselves off and begun again the reworking of america.
the president is hoping he can improve his standing further by proposing tax change for those emerging from the final crisis. >> we have picked ourselves up and dusted ourselves off and begun again the reworking of america.
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May 20, 2014
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. >>> turns out evading tax doesn't pay. >> certainly doesn't. credit suisse gets hammered with a $2.6 billion fine. the bank gets to keep its license. how useful is that if your institution is guilty of a federal felony? >>> hello. it is mid day london, 7:00 a.m. washington, 6:00 p.m. bangkok. troops have taken control of the main political building. all radio and tv stations are taken off air. many roads around the capital have been blocked. the military insists it's not a coup. the caretaker government has urged the army to act peacefully within the constitution. antigovernment protestors known as yellow shirts have have been rallying for yingluck shinawatra and her cabinet to resign. her government remained in charge. pro government supporters, red shirts, warning of civil war if the government is replaced by unelected administration as yellow shirts demand. jonathan has been out on the streets of bangkok. >> reporter: the presence of the armed troops makes this feel like a traditional army coup. in fact there aren't many of them. the army co
. >>> turns out evading tax doesn't pay. >> certainly doesn't. credit suisse gets hammered with a $2.6 billion fine. the bank gets to keep its license. how useful is that if your institution is guilty of a federal felony? >>> hello. it is mid day london, 7:00 a.m. washington, 6:00 p.m. bangkok. troops have taken control of the main political building. all radio and tv stations are taken off air. many roads around the capital have been blocked. the military insists it's...
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May 20, 2014
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. >>> aaron is here looking at tax evasions. >> the end of the tax evasion scandal between the u.s. and swiss bank. let me explain. guilty, guilty. switzerland credit has agreed to pay u.s. authorities $2.6 billion after admitting to basically helping clients evade tax in america. in return for the guilty plea, it can continue to operate there. as a convicted institution, several pension funds can no longer do business with it. there's questions as to whether the bosses will obtain their jobs. not named in the guilty plea, some are calling for the chief to resign. we have more coming up on "gmt" in just over an hour's time. plus this one. horrible numbers here. modern d modern day slave have i on the rise. forced labor means $150 billion in illegal profits are made each and every year. that's three times the previous estimates. now with 21 million affected, the sex trade, agriculture is the worst offending industries. we've spoken to the author and going to run that interview on "gmt" in an hour's time as well. and this one with. wearable camera maker go pro is to offer a piece of t
. >>> aaron is here looking at tax evasions. >> the end of the tax evasion scandal between the u.s. and swiss bank. let me explain. guilty, guilty. switzerland credit has agreed to pay u.s. authorities $2.6 billion after admitting to basically helping clients evade tax in america. in return for the guilty plea, it can continue to operate there. as a convicted institution, several pension funds can no longer do business with it. there's questions as to whether the bosses will...
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Dec 9, 2014
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so it suggests taxing the rich more. but is that really the best way to help countries recover from the financial crisis? >>> it's midday here in london. 3:00 p.m. in moscow, and 7:00 a.m. in washington, where the capital is bush administration itse -- is bracing itself for a report by the cia. it is so sensitive that u.s. embassies and military bases around the world are preparing for a possible backlash. the report covers the cia's campaign against al qaeda in the aftermath of 9/11. of the 6,000 pages, only a 480-page summary will be released. it will look at the cia's operation to hold 100 suspected terrorists and black sites outside the u.s. those suspectsrogated using waterboarding and sleep deprivation. but it is expected to say these hash techniques failed to deliver results. this background now into the cia's interrogation program. >> reporter: the aftermath of the terror attacks on september 11th, 2001, as rescuers search the rubble for survivors, u.s. security services begin their own search for information to
so it suggests taxing the rich more. but is that really the best way to help countries recover from the financial crisis? >>> it's midday here in london. 3:00 p.m. in moscow, and 7:00 a.m. in washington, where the capital is bush administration itse -- is bracing itself for a report by the cia. it is so sensitive that u.s. embassies and military bases around the world are preparing for a possible backlash. the report covers the cia's campaign against al qaeda in the aftermath of 9/11....
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Oct 24, 2014
10/14
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the rule in a democracy is that you need the consent of the people to the taxes they pay. and you don't go back over pas years. and what we see is the european union trying to get britain to impose taxes for past years which they'd signed off before as a different level. there's no way that the united kingdom parliament should now vote to impose higher taxes on the british people to meet this back dated demand that many of us don't accept. >> i come back to the point that rules are rules, and the british government has signed up to these rules. that's what the eu commission is saying. >> well, i don't think we have. this is about definitions of income, and it's about ascribing income to the country that was in the gray and black economy, so by definition, it was income that we didn't tax at the time because it may not have existed and the officials did not know about it. so it then would be quite ridiculous to say you should have raised more tax then to send to brussels, and so why don't you raise more tax now to send to brussels. >> it's worth remembering britain isn't th
the rule in a democracy is that you need the consent of the people to the taxes they pay. and you don't go back over pas years. and what we see is the european union trying to get britain to impose taxes for past years which they'd signed off before as a different level. there's no way that the united kingdom parliament should now vote to impose higher taxes on the british people to meet this back dated demand that many of us don't accept. >> i come back to the point that rules are rules,...
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Jun 24, 2014
06/14
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you need taxes to pay off that debt. >> yes. there are it would have arguments about cut corporate tax rate. production of tax rate itself does to the encourage in japan. they are lack of demand and foreign demand. that is part of their reason. the other one is japanese corporate tax rate is very high discouraging investment into japan. foreign investment increases in japan to encourage competitiveness. also lack of corporate revenue. he is concerned about corporate revenue. old people keep on walking. that can encourage revenues for government. i think corporate tax together with reform will be needed. >> all eyes on that. certainly markets will be watching closely. we appreciate your time. thanks for joining us on "gmt." >> thank you very much. >>> okay. there you go. well let's talk about this. since the end of the civil war, sri lanka's capital has changed as what of the government calls beautification of low income areas that are being demolished. we have been to one of the areas called slave island. he sent this report. >>
you need taxes to pay off that debt. >> yes. there are it would have arguments about cut corporate tax rate. production of tax rate itself does to the encourage in japan. they are lack of demand and foreign demand. that is part of their reason. the other one is japanese corporate tax rate is very high discouraging investment into japan. foreign investment increases in japan to encourage competitiveness. also lack of corporate revenue. he is concerned about corporate revenue. old people...
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Apr 4, 2014
04/14
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businesses pay no taxes for ten years. you'll get a warm welcome in the new new york. see if your business qualifies at startupny.com >>> you're watching "gmt". now russia's foreign minister sergei lavrov has been holding talks from the cis, commonwealth of independent states. the many group of former soviet republics have been meeting in moscow to discuss organizational issues. but the issue of ukraine was also on the agenda, of course. at a news conference after sergei lavrov said the differences were internal and the country needed to be left alone to deal with the situation. >> translator: interference into ukrainian internal affairs should be stopped. but what we see happening is that the west has taken the role of somebody deciding the fate of that country. meanwhile, the current authorities in ukraine do not show themselves as very independent. >> russia's foreign minister sergei lavrov there. medical teams dealing with ebola in west africa are trying to confirm whether it has spread to a new country, mali. nearly 9
businesses pay no taxes for ten years. you'll get a warm welcome in the new new york. see if your business qualifies at startupny.com >>> you're watching "gmt". now russia's foreign minister sergei lavrov has been holding talks from the cis, commonwealth of independent states. the many group of former soviet republics have been meeting in moscow to discuss organizational issues. but the issue of ukraine was also on the agenda, of course. at a news conference after sergei...
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Feb 18, 2015
02/15
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and that they helped the bank evade taxes. we have the latest on the search. >> reporter: we haven't had any particular results for this search yet. what i would say is the fact that the geneva police have gone in there today is not really a surprise. when we look at the kind of allegations that came out about hsbc over the last week or so. now, it's been known for some years there was tax evasions hsbc may have been involved in that. but the more perhaps more serious allegations of laundering of money, laundering of profits, of illegal trade and weapons and diamonds and drugs, now, this will cause great concern to geneva investigators, because the fact is switzerland has a very strict law against money laundering since about the year 2000. so the suggestion that that kind of thing is going on in geneva a hub for private banking in 2007 will have rung alarm bells at the highest levels at swiss financial authority. >> what about other banks? will they now be investigated do you think? a lot of talk around about what has been go
and that they helped the bank evade taxes. we have the latest on the search. >> reporter: we haven't had any particular results for this search yet. what i would say is the fact that the geneva police have gone in there today is not really a surprise. when we look at the kind of allegations that came out about hsbc over the last week or so. now, it's been known for some years there was tax evasions hsbc may have been involved in that. but the more perhaps more serious allegations of...
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Feb 24, 2015
02/15
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with tax evasion for far too long. they believe that will give the revenue to increase social spending. the creditors insisted on things like pension cuts. the question now is whether the disagreement between the two sides over the cuts to the public sector. are germany and other governments going to make them abide by the cuts or trust the commitments of the greece government. they can raise the revenue to fill the funding gab this year and increase the revenue for the social spending. we will know when they give their verdict on a conference call. >> mark loewen reporting there. >>> bbc reports, the country has the problem of what to do with huge quantities of potentially infectious human waste. >> reporter: liberia may have successfully got the number of known ebola cases down to a handful. that doesn't mean the country's problems are over. here is one that most people didn't give a thought to when the priority was saving lives. what to do with the quantities of potentially infectious human waste carefully stored at
with tax evasion for far too long. they believe that will give the revenue to increase social spending. the creditors insisted on things like pension cuts. the question now is whether the disagreement between the two sides over the cuts to the public sector. are germany and other governments going to make them abide by the cuts or trust the commitments of the greece government. they can raise the revenue to fill the funding gab this year and increase the revenue for the social spending. we will...
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Nov 5, 2014
11/14
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rewriting of tax code could be beneficial. of course the actual trade pacts in the pacific and atlantic, could be back there. mr. reed himself, harry reid blocked it from president obama. president obama may be keen to compromise and push that through. >> we've been hearing trade pacts there could be a renewed push on them. we can't forget last year the debt ceiling debacle. republicans held out with that at the particular time with controlling just one house. now they've got both. you know could we see more of the same do you think? >> let's hope not. the general opinion amongst analysts and broader public that republicans were mostly to blame for shut down. it didn't work well for them. they may come out of this victory. that's the risk they overplay. one thing has changed. actually two things. political reality changed. they may consider they are much more held responsible to control congress in both chambers. secondly, economically, couple of years ago the u.s. had deficit of 10%. at the moment this year, it's said to come
rewriting of tax code could be beneficial. of course the actual trade pacts in the pacific and atlantic, could be back there. mr. reed himself, harry reid blocked it from president obama. president obama may be keen to compromise and push that through. >> we've been hearing trade pacts there could be a renewed push on them. we can't forget last year the debt ceiling debacle. republicans held out with that at the particular time with controlling just one house. now they've got both. you...
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May 30, 2014
05/14
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after the tax rise, i forgot quickly. now i'm back to buying stuff just the same. >> translator: before the tax rise, if my family and i went out to eat sushi it would cost 10,000 yen. now we end up spending more. i've decided to stop going out for sushi. >> how consumers here in japan respond to high prices in the next few months is absolutely key. if they look at high prices and say there's nothing i can do and carry on spending then it can create a positive cycle. high prices should mean higher profits. higher profits in the end should mean higher wages. so on it goes. if on the other hand japanese consumers look at prices and say prices are going up but my salary hasn't, i need to stop spending, it could have the opposite effect and push japan back in deflation. >> whether to eat sushi or not to eat sushi. >> always a dilemma in my house. >>> i want to bring you news from the organization of security and cooperation in europe which has just confirmed that it has lost contact with a second team of monitors in eastern u
after the tax rise, i forgot quickly. now i'm back to buying stuff just the same. >> translator: before the tax rise, if my family and i went out to eat sushi it would cost 10,000 yen. now we end up spending more. i've decided to stop going out for sushi. >> how consumers here in japan respond to high prices in the next few months is absolutely key. if they look at high prices and say there's nothing i can do and carry on spending then it can create a positive cycle. high prices...
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Sep 16, 2014
09/14
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so an average, you might be able to take corporation tax down, but i think overall that the tax will have to increase in order for us to survive at a level that we do at the moment. >> reporter: an independent scottish government would have to tread a delicate line between making a system which serves the super rich and sticking to promises of creating a fairer scotland. those different goals may not be so easy to smooth out. coletta smith, bbc news. >> we'll keep across all things scotland. lots going on. follow me on twitter, tweet me, i'll tweet you back. you get me @bbcaaron. that's it with the business news. i have to say to you, i thought today and i think today you look super smart. >> thank you. >> i think it comes down to the tie. i think it comes down to the tie. where did you get that tie from? >> yes, aaron, thank you for loaning me a tie. >> there we go. there we go. yes. came in tireless today. >> unlike the super rich, i only have a couple. thanks for being with us here on "bbc world news." still to come on "gmt," have our big goals been met? we head to malawi to see w
so an average, you might be able to take corporation tax down, but i think overall that the tax will have to increase in order for us to survive at a level that we do at the moment. >> reporter: an independent scottish government would have to tread a delicate line between making a system which serves the super rich and sticking to promises of creating a fairer scotland. those different goals may not be so easy to smooth out. coletta smith, bbc news. >> we'll keep across all things...
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Apr 22, 2014
04/14
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businesses pay no taxes for ten years. you'll get a warm welcome in the new new york. see if your business qualifies at startupny.com >>> this is bbc world news. i'm geeta with the latest headlines. david moyes has been sacked ten months after taking over. >>> the u.s. vice president is holding meetings with ukraine's leaders for a show of support for the interim government. >>> more on the football news of the day and alex ferguson is always going to be a tough act to follow. after ten months in charge the success of david moyes has been dumped. the widely anticipated announcement was made on social media. the club sent out a statement over two tweets saying united announces david moyes has left. katherine, we understand david is in talks about how he leaves and any compensation package he might now get. >> reporter: yes. it's been quite a messy process. rumors yesterday after his side manchester united were beaten 2 nil where he spent 11 years in charge at the club. they were outplayed, united. it seemed clear david's po
businesses pay no taxes for ten years. you'll get a warm welcome in the new new york. see if your business qualifies at startupny.com >>> this is bbc world news. i'm geeta with the latest headlines. david moyes has been sacked ten months after taking over. >>> the u.s. vice president is holding meetings with ukraine's leaders for a show of support for the interim government. >>> more on the football news of the day and alex ferguson is always going to be a tough act...
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Jul 8, 2014
07/14
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tax revenue alone could add up to $1.5 billion. have economic hard times forced global governments to reconsider their drug policy? let's find out. amanda fielding is the director and founder. great to have you on the program. can i start with that? is that the case? is legalization the governments looking going here's another source of revenue? >> it's definitely one factor which should be taken into consideration. there is a net gain from a strictly regulated and taxed market. i think that's important in times of economic hardship. there are many other potential gains as well. one being that you can more readily control the ratio of high to a calming agent. at the moment in the unregulated market you can't control anything. i'm just in favor of moving cautiously towards a strictly regulated market. the economic factor is one side we should consider. >> i'm glad you mentioned regulation. how difficult is this as an industry to regulate? i can only imagine you regulate from the grower to almost the smoker? >> yes. absolutely. it's
tax revenue alone could add up to $1.5 billion. have economic hard times forced global governments to reconsider their drug policy? let's find out. amanda fielding is the director and founder. great to have you on the program. can i start with that? is that the case? is legalization the governments looking going here's another source of revenue? >> it's definitely one factor which should be taken into consideration. there is a net gain from a strictly regulated and taxed market. i think...
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Apr 21, 2014
04/14
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businesses pay no taxes for ten years. you'll get a warm welcome in the new new york. see if your business qualifies at startupny.com humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? but i didn't always watch out for myself. with so much noise about health care, i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile, not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still gonna give me a heart attack. innovations that work for you. that's health in numbers. unitedhealthcare. the was a truly amazing day. without angie's list, i don't know if we could have found all the services we needed for our riley. for over 18 years we've helpe
businesses pay no taxes for ten years. you'll get a warm welcome in the new new york. see if your business qualifies at startupny.com humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? but i didn't always...
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Nov 17, 2014
11/14
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much of that blamed on an earlier increase in that sales tax, which kicked in in april. all attention is now on this man, prime minister shinzo abe, who will see about a delayed hike. let's find out. the head of asia analysis at ihs joins us. great to have you with us on the program as well. boy, i mean, what do you say? we'll talk about what the p.m.'s next move could be. but over the past year or so, he has laid bear a very strategic growth plan to pump billions and billions of dollars into that economy. and what, it hasn't worked? >> i'm sure prime minister abe would agree with you, but that is fundamentally the problem. the tax hike back in april led to a larger than expected decline in consumer spending, which has essentially been the trigger for this technical recession. and he's in a real pickle now. >> isn't the problem here also -- i mean, when they put these plans in place, we did see the yen drop, which meant the exporters in japan were making a lot more money. some would say look, the stock market went higher, but only 20% of the country played the stock mark
much of that blamed on an earlier increase in that sales tax, which kicked in in april. all attention is now on this man, prime minister shinzo abe, who will see about a delayed hike. let's find out. the head of asia analysis at ihs joins us. great to have you with us on the program as well. boy, i mean, what do you say? we'll talk about what the p.m.'s next move could be. but over the past year or so, he has laid bear a very strategic growth plan to pump billions and billions of dollars into...
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Apr 1, 2015
04/15
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a bigger profit tax introduced today known as the google tax. the aim is designed to prevent the likes of google of course. facebook starbucks and amazon from funnel k the majority of their revenues the money they make here in the uk funneling it out to their international headquarters. side many of those nations, based in dublin. heather herself is part of a group and joins us from the studio. i'm wondering if there's any concern from professionals like yourselves and others question questioning the timing of this. it seems like this was rushed through and passed before the election. >> absolutely. quite complicated legislation. i think most of us agree it's a good principle companies should pay tax where they make their profit. you have to have clear law. this really has been rushed through. >> it sort of begs the question why the uk is going down this unilateral or single path. there is work in progress i think with oucd and other countries putting something more globally international law. >> the big project going on with e oecd, that will c
a bigger profit tax introduced today known as the google tax. the aim is designed to prevent the likes of google of course. facebook starbucks and amazon from funnel k the majority of their revenues the money they make here in the uk funneling it out to their international headquarters. side many of those nations, based in dublin. heather herself is part of a group and joins us from the studio. i'm wondering if there's any concern from professionals like yourselves and others question...
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Sep 17, 2014
09/14
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it brings in billions of into the tax. no surprise both sides are so desperate to have it in their borders. so in just one more day, the polling stations will open and for the first time many in the history of the uk, the scottish will be able to decide if they want to remain part of the union with england, northern ireland or wales or become an independent nation. campaigners on both sides doing all they can to win over the critical undecided. the polls are too close to call. three of them released within the last 12 hours. opinion polls all suggest a lead of 52% for no to 48% yes. that sounds quite a margin. bear in mind there's a 3% margin of error. they also suggest there could be as many as 14% yet to make up their minds. that's more potentially than half a million voters. a lot of work to do for the campaign. let's go to lucy hawkings in edinburg. it's a battle and a half isn't it? >> reporter: it sure is. standing here in the past 20 minutes or so since we spoke, there are messages blaring out from both sides. tensi
it brings in billions of into the tax. no surprise both sides are so desperate to have it in their borders. so in just one more day, the polling stations will open and for the first time many in the history of the uk, the scottish will be able to decide if they want to remain part of the union with england, northern ireland or wales or become an independent nation. campaigners on both sides doing all they can to win over the critical undecided. the polls are too close to call. three of them...
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Sep 3, 2014
09/14
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systems, and its capacity there has increased its tax revenues by about 17% a year over about a 10 or 12 year period. but what we're also really focused on with this report is the role that world leaders have to play, the g-20 leaders in particular, will come together in australia, in november. now, there is a big set of things that they can do to crack down, first of all, on the secretive phantom firms and make sure the ownership of those firms is made public to ensure that those big oil and gas companies publish what they pay to countries in order to drill and to mine. and if we do those things, a number of other steps that the g-20 could take, then in fact it will be a whole lot easier to make those changes in the countries concerned as well. it needs action within the developing countries and outside. >> okay, adrian lovett, good to talk to you. thank you for coming on to our program. that is the roundup of all the latest business for me. back to you. >> marion, thank you for now. see you later. >>> now, new research into the extinction of languages has reeled economic development
systems, and its capacity there has increased its tax revenues by about 17% a year over about a 10 or 12 year period. but what we're also really focused on with this report is the role that world leaders have to play, the g-20 leaders in particular, will come together in australia, in november. now, there is a big set of things that they can do to crack down, first of all, on the secretive phantom firms and make sure the ownership of those firms is made public to ensure that those big oil and...
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Mar 13, 2014
03/14
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in the first month alone it collected $2 million in taxes from marijuana businesses. colombian president is prepared to go even further suggesting a global debate about legalizing cocaine. but other countries are keen to condition harsh punishments. and sanderford has been sentenced to death for allegedly smuggling cocaine to bali. the term "the war on drugs" was first famously used by this man, u.s. president richard nixon in 1971 but decades later, the number of drug users continues to grow. according to the united nations, drug abuse kills more than 200,000 worldwide each year. drug trafficking is a lucrative industry for criminals, worth $320 billion. that means if the global drug trade were a country it will be one of the biggest economies in the world. but the world seems split on how to tackle the problem. in the meeting some vienna may highlight more differences in opinions than agreements. >> well, one year ago this was the scene. that's after his surprise election as pontiff. pope francis is not marking the anniversary in any way. in fact, he's on a spiritua
in the first month alone it collected $2 million in taxes from marijuana businesses. colombian president is prepared to go even further suggesting a global debate about legalizing cocaine. but other countries are keen to condition harsh punishments. and sanderford has been sentenced to death for allegedly smuggling cocaine to bali. the term "the war on drugs" was first famously used by this man, u.s. president richard nixon in 1971 but decades later, the number of drug users continues...
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Dec 22, 2014
12/14
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whereas christina has been charged just with tax crimes. originally -- well, up until today, it was the prosecutor had said that christina only ought to be fined 580,000 euros, and her husband should still stand trial. but the judge, jose castro, has ordered now that she faces a trial, along with 15 other people as well. and it all centers around the disappearance of funds from a charitable institute, which is a charitable sports foundation in which they were involved. >> people will see this as part of a royal soap opera. we saw the coronation. christina not included as part of that. >> she's not officially part of the royal family. the royal family, because of appalling publicity, which was partly centered around this, this investigation has been going on for four years now. but also, the policies, bad publicity regarding safari hunting and shooting elephants in africa. so when the publicity of a royal family plummeted, there was a restructuring of the whole royal family. felipe is now the king, and he has distanced himself very much from
whereas christina has been charged just with tax crimes. originally -- well, up until today, it was the prosecutor had said that christina only ought to be fined 580,000 euros, and her husband should still stand trial. but the judge, jose castro, has ordered now that she faces a trial, along with 15 other people as well. and it all centers around the disappearance of funds from a charitable institute, which is a charitable sports foundation in which they were involved. >> people will see...
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Nov 28, 2014
11/14
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it's also talking of introducing a tax on luxury goods. far more really needs to be done. but the problem is there's an election coming, and that will be expensive. and also it would be impossible now to dramatically increase taxes, because that would be so unpopular for the government at the moment. of course, many people are wondering why on earth wasn't a lot more money saved during the boom years when the oil price was far higher. but really, the whole country needs to make its oil sector far more transparticipant so people know where the money is going. and the economy needs to diversify. the country really needs to wean itself off the oil. >> will ross. >>> mexico's president has announced some sweeping reforms to end collaboration between officials and drugs gangs. he is facing ge ining growing a the apparent massacre of 43 students in september. it's coming from protesters to end impunity and brutality after the trainee teachers were abducted by corrupt police. it's thought they were then handed over to a local drugs gang in iguala. our mexico correspondent will gr
it's also talking of introducing a tax on luxury goods. far more really needs to be done. but the problem is there's an election coming, and that will be expensive. and also it would be impossible now to dramatically increase taxes, because that would be so unpopular for the government at the moment. of course, many people are wondering why on earth wasn't a lot more money saved during the boom years when the oil price was far higher. but really, the whole country needs to make its oil sector...
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Feb 6, 2015
02/15
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last year, california tripled its tax breaks to keep film production in tinseltown. it gives back 20% in rebates. but with countries including south africa be hungary, czech republic all offering tax incentives competition to lure this most star-studded of creative industries is fierce. will this mean a race to the bottom? that's a question i asked paul brett, a director which well provides hundreds of millions of dollars of funding for independent movies. listen to this. >> not really because people really like coming to the uk. the crews are very good the talent is great, the studio facilitisity facilitisities, belfast and pinewood are doubling over the next two years their capacity and people really like coming here to dos business. california is the place that's struggling because there are simply no big -- no big films shooting in hollywood anymore. it's all television. they all come here to work such as kenneth's cinderella which will have its world premier here next week. >> follow me on twitter tweet me at bbcaaron. that is it. my weekend begins. see you on m
last year, california tripled its tax breaks to keep film production in tinseltown. it gives back 20% in rebates. but with countries including south africa be hungary, czech republic all offering tax incentives competition to lure this most star-studded of creative industries is fierce. will this mean a race to the bottom? that's a question i asked paul brett, a director which well provides hundreds of millions of dollars of funding for independent movies. listen to this. >> not really...
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Jun 25, 2014
06/14
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three months ago, his wife hit by debt and new taxes tried to commit suicide. part of a sharp rise since the crisis. she jumped from an 18 meter high wall, but survived. saved against her will. >> translator: i lost it all in five minutes when she jumped from over there. my home, my wife, my dreams. i feel leike i want my life too. what stop me is my daughter. this wife isn't worth living anymore. >> reporter: it is not just his family. 300 still need the daily food handouts here as salaries were cut by an average of 40%. >> we are not sure that we're getting out. we are tell we are getting out of the crisis. we feel we aren't. >> reporter: do greeks believe the strategy has been correct. >> i think a great majority believe that. medicine was not correct. >> reporter: in some ways, the jewel of the mediterranean is shining once again. but beneath the surface, away from the golden sand, greece is still struggling to emerge from the darkness. >> i'm planning a little trip to greece this summer. we're hoping that the flights will be running. there are, of course,
three months ago, his wife hit by debt and new taxes tried to commit suicide. part of a sharp rise since the crisis. she jumped from an 18 meter high wall, but survived. saved against her will. >> translator: i lost it all in five minutes when she jumped from over there. my home, my wife, my dreams. i feel leike i want my life too. what stop me is my daughter. this wife isn't worth living anymore. >> reporter: it is not just his family. 300 still need the daily food handouts here as...
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Feb 2, 2015
02/15
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president barack obama's plan to close a tax loophole that allows u.s. firms to avoid paying taxes on overseas profits. all of this according to the white house. obama's 2016 budget will be approved today, and will propose a one-off 14% tax on foreign profits. currently, no tax on foreign profits as long as they're not brought into the u.s. obama now says the near $24 million raised will be spent on road and transport projects in the united states. but here's another thing. how about this one? the uk treasury has talked with the new greece finance minister in downing street. he's visiting european countries. he's on a charm offensive, really, to try to explain the plans of the syriza party, for writing off much of greece's debt. after talks yesterday, the greek finance minister said a new debt deal was needed within months. we'll keep across all of that. you know it's been nearly a year, what six days short since the disappearance of that malaysian 777 flight mh 370 disappeared. even in this age of technology that plane could not be traced. that event co
president barack obama's plan to close a tax loophole that allows u.s. firms to avoid paying taxes on overseas profits. all of this according to the white house. obama's 2016 budget will be approved today, and will propose a one-off 14% tax on foreign profits. currently, no tax on foreign profits as long as they're not brought into the u.s. obama now says the near $24 million raised will be spent on road and transport projects in the united states. but here's another thing. how about this one?...
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Apr 1, 2014
04/14
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and you don't have to worry that you'll get your taxes wrong, because turbo tax technology will check and double check your answers. and then check them again. intuit turbo tax, it's amazing what you're capable of. only famous. and older. and gorgeous. and not like ours at all. go and smell the roses! [prof. burke] at farmers,we make you smarter [bell rings] about your insurance,because what you don't know can hurt you. what if you didn't know that taking pictures of your belongings helps when you have a claim? or that farmers offers a policy that will replace your car with a new one if it's totaled within the first two model years. and that parking near a street lamp deters thieves? the more you know,the better you can plan for what's ahead. talk to farmers and get smarter about your insurance. ♪ we are farmers bum - pa - dum, bum - bum - bum - bum♪ [announcer] call 1-800-470-8502 and see how much you could save. space. 1969. [ zap ] no! the doctor we saw on the beach is a future version, 200 years older than the one up there. the doctor: canton everett delaware iii. who's he? wh
and you don't have to worry that you'll get your taxes wrong, because turbo tax technology will check and double check your answers. and then check them again. intuit turbo tax, it's amazing what you're capable of. only famous. and older. and gorgeous. and not like ours at all. go and smell the roses! [prof. burke] at farmers,we make you smarter [bell rings] about your insurance,because what you don't know can hurt you. what if you didn't know that taking pictures of your belongings helps when...
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Sep 8, 2014
09/14
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underscores the concerns about the impact of the sales tax hike, which we talk about a lot. it kicked in in april. the revised contraction was the biggest since early 2009 when the global financial crisis hit japan's exports and factory output. the world's third largest economy. jack lew is due to deliver a speech today monday about the controversial corporate strategy known as tax inversion. what's that, i hear you say? it's when a u.s. firm buys a foreign company and basically relocates offshore where it's more convenient to -- well, because of lower tax bills. burger king made headlines a couple weeks ago when it said it was shipping its headquarters up into canada across the border. part of the deal to buy that coffee business. administration officials say they've been alarmed at the growing number of companies pursuing tax inversions. it is a practice that's been around for years, but it has become more popular in recent months. again, we're going to have more on that on gmt. >>> coming up shortly, do you speak english? do you have great social media skills? and do you
underscores the concerns about the impact of the sales tax hike, which we talk about a lot. it kicked in in april. the revised contraction was the biggest since early 2009 when the global financial crisis hit japan's exports and factory output. the world's third largest economy. jack lew is due to deliver a speech today monday about the controversial corporate strategy known as tax inversion. what's that, i hear you say? it's when a u.s. firm buys a foreign company and basically relocates...
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Oct 1, 2014
10/14
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a source of revenue eu said must be taxed. water infrastructure needs 2 billion euros of investment over two years. i tell you what, charging the public for water is not going down well. we now report from ireland. >> reporter: it rained a lot in ireland, so there's no shortage of water. there's been a drought of investment for decades in the infrastructure meaning some don't have supply fit to drink. there's plenty of fresh water, but here in the town, people have to boil tap water before they drink it. it contain as bacteria making it unfit for human consumption. ireland needs huge sums of money to bring the infrastructure up to scratch. to do so, approving to be an austerity measure too much to swallow for some. supermarkets are doing a booming trade in water adding to household bills. many don't trust what's in the tap. >> you're going to be sick 24 hours. it's happened to me twice. i was foolish enough to let it happen then but not a third time. >> water was paid for by general taxes before, but the plan to charge homes i
a source of revenue eu said must be taxed. water infrastructure needs 2 billion euros of investment over two years. i tell you what, charging the public for water is not going down well. we now report from ireland. >> reporter: it rained a lot in ireland, so there's no shortage of water. there's been a drought of investment for decades in the infrastructure meaning some don't have supply fit to drink. there's plenty of fresh water, but here in the town, people have to boil tap water...
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Jan 21, 2015
01/15
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BBCAMERICA
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the president is hoping he can improve his standing further by proposing tax change for those emerging from the final crisis. >> we have picked ourselves up and dusted ourselves off and begun again the reworking of america. >> reporter: his speech suggests a newfound confidence at the white house that america's economy is bouncing back. that and the fact that b of a rack obama doesn't have to fight for re-election means he can afford to bolder in his final two years in office. >>> the french prime minister has announced nee changes after the terrorist attacks two weeks ago. he says the groups should be monitored and announced 21/2 thousand new security personnel would be recruited over the next couple of years to tackle the problem and said unprecedented action would be taken to combat the fight against terrorism. >> interior minister has asked the deployment of 10,500 soldiers which is unprecedented and 8,000 staff police soldiers assured the permanent prosection of sensible sites. synagogues synagogues, jewish schools, mosques and schools and public spaces. to combat terrorism, it me
the president is hoping he can improve his standing further by proposing tax change for those emerging from the final crisis. >> we have picked ourselves up and dusted ourselves off and begun again the reworking of america. >> reporter: his speech suggests a newfound confidence at the white house that america's economy is bouncing back. that and the fact that b of a rack obama doesn't have to fight for re-election means he can afford to bolder in his final two years in office....
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Apr 4, 2014
04/14
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and you don't have to worry that you'll get your taxes wrong, because turbo tax technology will check and double check your answers. and then check them again. intuit turbo tax, it's amazing what you're capable of. why relocating manufacturingpany to upstate new york? i tell people it's for the climate. the conditions in new york state are great for business. new york is ranked #2 in the nation for new private sector job creation. and now it's even better because they've introduced startup new york - dozens of tax-free zones where businesses pay no taxes for ten years. you'll get a warm welcome in the new new york. see if your business qualifies at startupny.com ♪ "first day of my life" by bright eyes ♪ you're not just looking for a house. you're looking for a place for your life to happen. then a little time to kick back. earn double hilton honors points with the 2x points package and be one step closer to a weekend break. doubletree by hilton. where the little things mean everything. >>> i'm nik gowing with "bbc world news". our top stories. pulitzer prize photographer anja neil
and you don't have to worry that you'll get your taxes wrong, because turbo tax technology will check and double check your answers. and then check them again. intuit turbo tax, it's amazing what you're capable of. why relocating manufacturingpany to upstate new york? i tell people it's for the climate. the conditions in new york state are great for business. new york is ranked #2 in the nation for new private sector job creation. and now it's even better because they've introduced startup new...
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Feb 26, 2014
02/14
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it wants the taxes the swiss banks helped americans to dodge. our correspondent imojen foulkes is following the story from geneva. >> reporter: i think some of the detail is causing raised eyebrows in switzerland. they have a reputation for being rather cautious and careful. this comes like something out of a spy novel or a hollywood movie. the fact is the swiss do know that their big banks, credit suisse and ubs, at that period you were talking about, 2001 to 2008 were doing this kind of thing. it's pretty common knowledge. it's changed since then. there's been a big crackdown. nevertheless, we see -- i think what we see particularly with this report is that united states, there's no way it's going to give up on that lost tax revenue, and it is prepared to go into detail like this and release it because they still have credit suisse in their sights. they want that money back. i think credit suisse itself has not commented but will be very nervous. >> i am sure. despite these underhand tactics, it seems swiss banks are going to get off quite lig
it wants the taxes the swiss banks helped americans to dodge. our correspondent imojen foulkes is following the story from geneva. >> reporter: i think some of the detail is causing raised eyebrows in switzerland. they have a reputation for being rather cautious and careful. this comes like something out of a spy novel or a hollywood movie. the fact is the swiss do know that their big banks, credit suisse and ubs, at that period you were talking about, 2001 to 2008 were doing this kind of...
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Apr 23, 2014
04/14
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there's a 778% tax on imported rice. he doesn't want to see that end. >> translator: we can't compete with countries like australia or canada who farm on a large scale. people will tend to go for what is cheaper. i think japanese agriculture will be fatally wounded. >> reporter: he and his family have been shielded for decades. it's a sore point for the americans and the proposed free trade agreement. the transpacific partnership, or tpp, isn't just about trade. it's the key to obama's visit, as he wants to reorient the u.s. toward fast growing asia. but that doesn't make any difference to these protesters. these are the most vocal critics of the tpp or transpacific partnership. japan and the u.s. are major trading nations. who already trade a lot with each other. so, of course, there's some benefit in having more free trade. what is so special about this one? is it more about who's not at the table? >> abe threw his hat in the ring because he wants to prove to the united states he's a reliable alliance partner. so i thi
there's a 778% tax on imported rice. he doesn't want to see that end. >> translator: we can't compete with countries like australia or canada who farm on a large scale. people will tend to go for what is cheaper. i think japanese agriculture will be fatally wounded. >> reporter: he and his family have been shielded for decades. it's a sore point for the americans and the proposed free trade agreement. the transpacific partnership, or tpp, isn't just about trade. it's the key to...